Canadian Abraxas definition

Canadian Abraxas means the party named as such in the first paragraph of this Indenture until a successor replaces it pursuant to this Indenture and thereafter means such successor.
Sample 1Sample 2Sample 3
Canadian Abraxas means Canadian Abraxas Petroleum Limited.
Sample 1Sample 2
Canadian Abraxas means Canadian Abraxas Petroleum, ULC, an Alberta, Canada corporation and wholly-owned subsidiary of Borrower.
Sample 1

Examples of Canadian Abraxas in a sentence

  • On October 31, 2014 we closed on the sale of our interest in Canadian Abraxas Petroleum, ULC ("Canadian Abraxas"), a wholly-owned Canadian subsidiary of Abraxas Petroleum Corporation.

  • As a result of the disposal of Canadian Abraxas, the results of operations of Canadian Abraxas are reflected in our Financial Statements and in this document as “Discontinued Operations” and our remaining operations are referred to in our Financial Statements and in this document as “Continuing Operations” or “Continued Operations.” Unless otherwise noted, all disclosures are for continuing operations.

  • On October 31, 2014, the Corporation amalgamated with Canadian Abraxas Petroleum, ULC to form “Caltex Resources Ltd.”.

  • In consideration for the exchange of each $1,000 principal amount of old notes, Abraxas and Canadian Abraxas will issue a new note with a principal amount equal to $700 and Abraxas will issue approximately 59.6184 shares of Abraxas common stock and approximately 59.6184 CVRs each of which may result in the distribution of up to approximately 6.3889 shares of Abraxas common stock.

  • Includes Canadian Abraxas Petroleum ULC's production which was sold effective October 31, 2014 and is now considered discontinued operations.

  • All terms used herein and not defined herein shall have the meaning ascribed to them in the Offer to Exchange and Consent Solicitation dated November 18, 1999 of Abraxas Petroleum Corporation and Canadian Abraxas Petroleum Limited.

  • Notwithstanding the foregoing, nothing in this Section shall prohibit the merger of CGGS with and into Canadian Abraxas.

  • Canadian Abraxas and the Subsidiary Guarantors will also (i) make such withholding or deduction and (ii) remit the full amount deducted or withheld to the relevant governmental authority in accordance with applicable law.

  • The Expanding our Horizons suggested actions:• take the City well beyond previous initiatives in areas of City activity• reinforce the City’s reputation as a well-run city• put the City on a solid foundation for advocating to other levels of government• build on established strengths and core competencies• may involve further research to establish current best practice in the field• may involve collaboration with other groups.

  • Under applicable provisions of Canadian federal bankruptcy law or comparable provisions of provincial fraudulent preference laws, if a court in an action brought by an unpaid creditor of Canadian Abraxas or New Cache or by a bankruptcy trustee of Canadian Abraxas or New Cache were to find that the liens granted by Canadian Abraxas or New Cache over its assets were intended to prefer the holders of the new notes over other creditors, such liens could be set aside.

Related to Canadian Abraxas

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Canadian Borrower as defined in the preamble hereto.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Canadian Subsidiaries means the Subsidiaries (other than the Canadian Parent) organized under the laws of Canada or any province, territory or other political subdivision thereof.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Canadian Availability means, as of any date of determination, the amount (if any) by which (a) Canadian Available Credit, exceeds (b) the sum of the aggregate Dollar Equivalent of (i) Revolver Credit Advances made to the Canadian Borrowers plus (ii) the Canadian Borrowers’ Letter of Credit Obligations (other than the Canadian Borrowers’ Letter of Credit Obligations cash collateralized in accordance with the terms of the Loan Documents).

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

  • Canadian Base Rate means, at any time, the annual rate of interest equal to the greater of (a) the annual rate from time to time publicly announced by Agent (or a bank that is listed on Schedule 1 of the Bank Act (Canada) acceptable to Agent) as its prime rate in effect for determining interest rates on Canadian Dollar denominated commercial loans made in Canada and (b) the annual rate of interest equal to the sum of the 30-day BA Rate at such time plus 1% percent per annum.

  • Canadian Security Documents means the Canadian Security Agreement, any share pledge agreement governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations, and each other agreement, document or instrument executed by any Loan Party governed by Canadian law which provides for a Lien in favor of the Agent as security for any of the Obligations.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Applicable Canadian Securities Laws means, collectively, and as the context may require, the applicable securities legislation of each of the provinces and territories of Canada, and the rules, regulations, instruments, orders and policies published and/or promulgated thereunder, as such may be amended from time to time prior to the Effective Date;

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Canadian Administrative Agent means Royal Bank of Canada in its capacity as Canadian administrative agent for the lenders party to the Canadian Credit Agreement and any successor thereto.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.